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2012 fisker karma Reviews and News

2012 Fisker Karma

By
Automobile Magazine
- 11/11/2011

Under the hood of the Fisker Karma is a GM-sourced 2.0-liter turbocharged four-cylinder that is in no way connected to the wheels. Bolted directly to a generator, the 260-hp engine's sole assignment is to create electricity. The motivation to move this 5400-pound sedan comes from two electric motors attached to the rear differential. With a total output of 402 hp and 981 lb-ft of torque, the Karma promises brisk acceleration -- it takes fewer than six seconds to reach 60 mph, according to the manufacturer. Of course, that's only in Sport mode, where both the batteries and the gas engine provide power to the electric motors. In EV-only mode, the Karma needs almost eight seconds to reach 60 mph. Its wheelbase is as lengthy as a long-wheelbase Mercedes-Benz S-class, but the Karma is about ten inches shorter,
4.4 inches wider, and 5.6 shocking inches lower, giving it absolutely stunning proportions. Its high style is also evident in the interior, which has a center-console touchscreen for most secondary controls. Astute observers will notice some GM-sourced switchgear, but this cabin is as fashionable as it gets. The Karma is scheduled to go on sale this fall, pending EPA and CARB certification. Early test drives demonstrated its remarkable handling -- and Fisker showed a wagon version, called the Surf, at the 2011 Frankfurt motor show. Should the Karma be successful, it'll be joined in the marketplace by a convertible and Fisker's next effort, a mid-size sedan that will be more affordable.

Resale Values on Fisker Pummeled By Uncertain Future

By
Edward A. Sanchez
- 05/18/2013

Aside from its notoriety of being bought by pop musician Justin Bieber, and the many well-documented issues with its quality, reliability and workmanship, the Fisker Karma was noted for its sleek, dramatic, low-slung styling penned by its eponymous designer Henrik Fisker, of Aston Martin and BMW fame. But star power couldn't save the star-crossed company from hard times, with poor reviews, inconsistent quality, and ultimately a cash shortfall bringing the startup automaker to the uncertain state it currently finds itself.

Fisker Automotive has fired nearly 75 percent of its employees in southern California, signaling financial trouble for the manufacturer of the plug-in hybrid Karma. The news broke earlier this morning when it was revealed that Fisker had fired its internal public relations department and turned publicity over to Los Angeles-based Sitrick And Company.

It's pretty much impossible to overstate what Fisker has accomplished. The five-year-old start-up has broken into one of the world's toughest and most regulated industries with a product that is more beautiful and more advanced than what's being produced by companies that have been at it for 50, 75, and 100 years. Fisker has had plenty of help from established suppliers and automakers, but the Karma's parts add up to something completely original.

It looks like Fisker Automotive may have some good karma after all. A new report says the electric car maker has been able to raise the $100 million needed to continue production of its Karma sedan and charge ahead with the development of the new Atlantic hatchback.
Fisker has had a rough summer – it recalled its six-figure Karma luxury sedan twice and saw some of its funding issued from the U.S. Department of Energy cut off. However, things may be looking up for the fledgling carmaker, as Bloomberg has reported that it has secured an additional $100 million is private funding.
The new round of funding must be a nice reprieve for Fisker, since just six weeks ago said that it needed $150 million to get its second car – the Atlantic – off the ground. Unlike the Finnish-built Karma, Fisker hopes to build the Atlantic in the U.S., potentially at the Delaware plant it purchased from General Motors during that company's bankruptcy proceedings. Fisker has now raised around $1.2 billion in capital, but has had faced a rocky road with the recent recalls and the departure of two CEOs in the past year.
Unlike its direct competitor Tesla, Fisker is not currently looking on turning to a stock IPO to raise additional capital. Tesla CEO Elon Musk has previously slammed Fisker – both the company and its founder Henrik Fisker – for focusing too much on design and not enough on engineering. However, Musk's strategy may not be paying off either: that company recently revealed that it's going to miss its revenue targets due to a slow ramp-up of Model S production, and that its future fiscal estimates depend on the possibility of amending the terms of its Department of Energy loan.
Source: Bloomberg

Fisker's status as a car company might not be dwindling--it's building Karmas, selling them, and making money--but we hear that Fisker's next venture, the Atlantic EREV sedan, depends on an infusion of cash that hasn't yet materialized.

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